1.  David Annand  Professor, Faculty of Business  Athabasca University  davida@athabascau.ca davida@athabascau.ca

2.  ACCT 253: 1,700 students per year  1996 text out of print  Scanned, converted to.rtf, proofed  Revised, used 2000 – 2003

3.  Print and.pdf versions  Enhanced with multimedia, computer based tutorials, pop-ups, online assignment submission  No significant difference: Annand (2008)  About $90,000 in savings, less development costs

4.  2012 Research and Study Leave  IFRS adoption; complete overall of text  13 chapters; 1,000 pages text and solutions manual  Available as OER: Creative Commons 3.0 ◦ Attribution; Non-commercial; Share-alike  BC Campus.ca – v. 1.0 ◦ Reviewers requested  v. 2.0 in January 2014 ◦ Latest version available at http://business.athabascau.ca/titanweb/fob/webcms.nsf/AllDoc/ F45876A9B2E81891872576A800713AF6?OpenDocument http://business.athabascau.ca/titanweb/fob/webcms.nsf/AllDoc/ F45876A9B2E81891872576A800713AF6?OpenDocument

5.  Third party commercial development ◦ Online review and feedback enhancements based on OER text  Business model: online enhancements are value adds; cost of instructional material approaches zero ◦ $60 – 80 per student vs. app. $160 now ◦ Optional printing available for extra cost (app. $20)  International adoption and adaptation ◦ IFRS used in over 80 countries

6.  All instructional material included in tuition  Savings from OER adoption accrue to institution ◦ Current$160 ◦ OER enhanced 60 ◦ Net$100 x 1,700 = $170,000 per year  Can fund additional MM, online enhancements